#LAB
The overall trend of LAB is super clear right now; it's a washout market with a low-volume sideways consolidation! Prices are firmly holding below the $10 support level, and the market just won't break down; we basically won’t see any deep pullbacks during the day, the movement is particularly stable.
This low-volume sideways action, to put it simply, means the selling pressure in the market is completely gone! Retail traders who couldn’t hold on have already exited the scene; what’s left are only the holders with strong hands and a solid mindset. The bears no longer have the strength to crash the price, and the downside has been completely capped, leaving little room for further declines.
Currently, the overall cost basis for both bulls and bears is concentrated in that crucial $12 to $13 range.
Looking at the positions of whales and smart money, whether it's big bulls or big bears, the overall entry costs are all clustered around the $12-$13 mark.
This explains why, at the current price, neither side is making any profits! The bears can’t profit from pushing the price down, and the bulls can’t gain from a short-term pump either; the main players are just stuck trading around this cost center, with one core objective: to shake out the weak hands among retail traders and clear the way for a future rally.
Right now, we’re in a narrow range consolidation phase, just setting the stage for a big surge ahead! The bulls' initial target is looking at $17, and I’ll make sure to sync up the precise entry points for any pullbacks in the chatroom as soon as they come!
#伊朗原油降价 $LAB
The overall trend of LAB is super clear right now; it's a washout market with a low-volume sideways consolidation! Prices are firmly holding below the $10 support level, and the market just won't break down; we basically won’t see any deep pullbacks during the day, the movement is particularly stable.
This low-volume sideways action, to put it simply, means the selling pressure in the market is completely gone! Retail traders who couldn’t hold on have already exited the scene; what’s left are only the holders with strong hands and a solid mindset. The bears no longer have the strength to crash the price, and the downside has been completely capped, leaving little room for further declines.
Currently, the overall cost basis for both bulls and bears is concentrated in that crucial $12 to $13 range.
Looking at the positions of whales and smart money, whether it's big bulls or big bears, the overall entry costs are all clustered around the $12-$13 mark.
This explains why, at the current price, neither side is making any profits! The bears can’t profit from pushing the price down, and the bulls can’t gain from a short-term pump either; the main players are just stuck trading around this cost center, with one core objective: to shake out the weak hands among retail traders and clear the way for a future rally.
Right now, we’re in a narrow range consolidation phase, just setting the stage for a big surge ahead! The bulls' initial target is looking at $17, and I’ll make sure to sync up the precise entry points for any pullbacks in the chatroom as soon as they come!
#伊朗原油降价 $LAB
